The Farm Credit System: Looking for the Proper Balance
Economic Development, Innovation, Technological Change, and Growth
Agricultural and Natural Resource Economics
The Farm Credit System (FCS) was
devised by Congress to enable agricultural
banks nationwide to participate in the
management of a credit system serving
their unique needs, The FCS has traditionally been a strong and reliable source
for agricultural loans; however, the current
economic stresses in farming has affected its loan portfolio and its operations. The FCS has responded in part by adjusting
some current programs and by focusing
attention on proposed structural
change as well.